German-Ukrainian Fund to invest EUR 18 mln in development of SMBs

The German-Ukrainian Fund, where the members are the National Bank and the Ministry of Finance of Ukraine, and German development bank KfW, is ready to invest a total of EUR 18 million in the development of small and medium-sized businesses in Ukraine, as reported on the NBU website with reference to the statement by Director of NBU Financial Controlling Department Oleh Strinzha, who concurrently serves as the Fund’s executive director.